Think Tank:The Geneva Association: The climate change challenge
Source: Asia Insurance Review | Jul 2009
In this article, extracted from a Special Contribution to the Geneva Association Newsletter on Risk Management, Mr Andrew Dlugolecki, Principal, Andlug Consulting, says that because climate change creates the possibility of widespread social and economic stresses which would undermine insurability, insurers will need to overhaul their procedures for risk assessment, underwriting, claims-handling and reinsurance, and reconsider their product design.
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